Oregon Administrative Rules
Chapter 860 - PUBLIC UTILITY COMMISSION
Division 37 - WASTEWATER SERVICE REGULATION FOR JOINT WATER/WASTEWATER UTILITIES
Section 860-037-0570 - Accounting for Construction Work In Progress (CWIP)
Current through Register Vol. 63, No. 9, September 1, 2024
This rule applies to wastewater utilities that provide service inside the boundaries of a city. The Commission may allow into rates the costs of a specific capital improvement project in progress if:
(1) The wastewater utility uses the additional revenues solely for the purpose of completing the capital improvement project;
(2) The wastewater utility demonstrates that its access to capital is limited and it is in the public interest to provide funding for the capitol improvement through rates; and
(3) Such costs are approved through tariffs filed with the Commission.
Stat. Auth.: ORS Ch. 183, 756 & 757
Stats. Implemented: ORS 756.040, 757.355 & Ch. 202, OL 2003
